Midterm Flashcards
A temporary endeavor undertaken to create a unique product, service, or result.
Project
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
Project Management
The person responsible for working with the project sponsor, the project team, and the other people involved to meet project goals.
Project Manager
The person who provides the direction and funding for a project.
Project Sponsor
People involved in or affected by project activities.
Stakeholders
Balancing scope, time, and cost goal.
Triple Constraint
A significant event that normally has no duration on a project; serves as a marker to help in identifying necessary activities, setting schedule goals, and monitoring progress.
Milestone
The processes involved in defining and controlling what work is or is not included in a project.
Project Scope Management
The processes required to ensure timely completion of a project.
Project Time Management
The processes required to ensure that the project is completed within the approved budget.
Project Cost Management
How the project’s scope and requirements will be managed.
Planning Scope
Defining and documenting the features and functions of the products produced during the project as well as the processes used for creating them.
Collecting Requirements
Reviewing the project charter, requirements documents, and organizational process assets to create a scope statement.
Defining Scope
Subdividing the major project deliverables into smaller, more manageable components.
Creating the WBS
Formalizing acceptance of the project deliverables.
Validating Scope